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20121120
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. igor, back to more serious stuff we ought to be talking about. so john boehner is saying hey we can have -- we can find some common ground here and republicans are quick to say yeah, let's follow the boehner thing. when you look at what boehner is saying about how to avoid the fiscal cliff he's not saying we're going to agree with president obama on anything yet right? >> not yet. at least publicly, he's just reheating the old romney proposal which is if you close deductions, that's where you get your revenue. not from letting the high end tax cuts expire. the high-end tax cuts expire. what obama had been campaigning on and what voters want overwhelmingly. so you know, the administration has actually been fairly optimistic about where boehner is and negotiating with boehner and negotiating maybe with some of the rank and file who are more likely to come to an agreement. maybe go into the senate. and doing this very publicly. they're meeting with a lot of groups with labor groups, with business groups and they've
to be revenues as well. second, he's rejecting the john boehner approach which is boehner saying i'll agree to revenues as long as they come as a result of economic growth. in other words, we won't legislate changes in taxes. we'll hope that revenues go up. he's saying no, that won't work for me. you're not going to legislate spending cuts. this is the president talking. not legislate revenue changes as well. >> bill: all right. so there are -- the most immediate decision maybe facing the congress is that as you point out, all of the bush tax cuts expire. which means not only the taxes -- tax cuts for the wealthy expire, the tax cuts for those making under $250,000 a year expire as well. so the president said friday all right, the senate has already passed a bill which would give extended tax cutless for the 98%, those making under $250,000. but let the ones for the wealthier people and defined as over $250,000 expire. and he challenged the house of representatives to pass that. what do you think -- so this is a real -- to
the president had with house speaker boehner a year ago in the summer that you talked about putting social security and medicare on the table but this is a different tile. he's got an election behind him. he's got a majority now looking for a very different course. all of the polls show the overwhelming majority of americans, includion republicans do not want social security and medicare cut in order to deal with deficits, and so i think the president's got the high ground. i think he's going to see a mobilization of his own base, the entire base of the democratic party mobilize to say don't touch medicaid, don't touch medicare and social security, raise taxes on the rich, and protect the vulnerable and he's going to face a lot of his own people if he goes a different way. >> so, let's talk about taxes for a second. i don't know why we're having a discussion with republicans on attaches either. if we let the tax cuts expire and reinstitute the middle class tax cuts, which would be a guarantee, because every politician agrees, we would get $1 trillion. in the so-called grand bargain preside
Search Results 0 to 3 of about 4 (some duplicates have been removed)

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